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I.T.A. NO.479/KB OF 1996-97, DECIDED ON 23RD AUGUST, 2002. versus I.T.A. NO.479/KB OF 1996-97, DECIDED ON 23RD AUGUST, 2002.

Income Tax Ordinance 1979 Section 66A, 59A, 80C (4) CBR Circular No. 12, 1991 30 199 1991 inspection powers that will review the orders of the Deputy Commissioner from the sale of stock taxability order Earnings received under Section 59A of the Income Tax Ordinance 1979 were considered by the Additional Commissioner as incorrect and prejudicial to the interest of the tax on the basis that the sale of the open stock after the expenditure was confirmed in accordance with the CBR Circular. Revenue from the stream was not taxed. No 12 of 1991, dated 30 6 1991 and directed the Assessing Officer to determine the taxability of the opening stock sale. The additional commissioner, who is self-examining, clearly stated in his order that the Income Tax Ordinance was a provision of section 80C of 1979. The Constitution deals with the compliance and order of the law made by the officer examining section 59A of the Income Tax Ordinance 1979. In connection with allowing expenditure under the direction of the Central Board of Revenue, there was no matter of interest or non-discrimination in the income of the proceeds from the sale of the opening stock, which may be part of the order under section 59A of the Income Tax. The Ordinance, 1979 was to seek returns under section 56 of the Income Tax Ordinance 1979 and thereafter to determine the source of income and that the return of income was not demanded even under the general provisions of legal proceedings. The order read with Section 80C of the Income Tax Ordinance 1979 was passed under Section 59, after hearing the review in any way, the income tax was paid on the basis of the facts set by the Inspector Additional Commissioner. law firms from Kakur Town lawyer